Posted on 07/25/2016 1:55:20 PM PDT by boknows
The effect on Mezvinsky’s hedge fund has been gruesome. It raised $25 million for its investments, but had already lost about 40 percent of its value by early 2015. Rather than shuttering the fund then, Mezvinsky pressed ahead.
Should have given it to Hillary. What she was able to do with cattle futures was amazing.
Tough to feed an OPM addiction (Other People’s Money)
It’s fraud. Even my two pokey retirement plans are doing well.
When is the entire family going to jail?
And why is that evil bastard Corzine still walking free?
Hope he got a good pre-nup.
Meanwhile, I’ve had to settle for a partly 4% return on my IRA by picking boring utility and REIT stocks.
Well isn’t that timely of Mark? More time to devote being a father to Chelsea’s two political prop children her father used in his meeting with Loretta Lynch.
That’s ok. Chelsea tried to care about money, but she couldn’t.
So she wont mind.
Another rising dud....
Hillary can do for America what her son-in-law did for his investors.
check his pockets
The effect on Mezvinsky’s hedge fund has been gruesome. It raised $25 million for its investments, but had already lost about 40 percent of its value by early 2015. Rather than shuttering the fund then, Mezvinsky pressed ahead.
Now, The New York Times’ DealBook reports, the end has finally come, but only after the fund lost 90 percent of investors’ money. The fund’s closure was reportedly announced to investors a month ago.
The main Eaglevale hedge fund has performed better, though it would be hard not to. The fund has lost about 1 percent of its value this year, which DealBook says is slightly worse than the typical hedge fund performance (the S&P 500, meanwhile, has grown by almost 2 percent). That’s still far better than its performance in 2014, when it lost 3.6 percent of its value in a year where the average hedge fund grew 5 percent.
Guess he’ll hafta go into politics???
Probably just another cut-out front organization, used to launder payoff money to them.
They declare bankruptcy, close it down and destroy all records.
Then start a new one.
Hi.
“And why is that evil bastard Corzine still walking free?”
Because just like Cankles, they’re too big to jail.
5.56mm
Gee, that insider info you were probably salivating with sure was a pig in a poke, eh? Stinks to be you.
Dumb punk, losses millions, drags his name in the mud like his old man.
Now he will probably hang his hat over at CGI make millions with zero chance of losses.
The interesting thing would have been to see who was on the winning side of all those transactions.
But that is probably why they are closing down - to destroy that evidence.
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